B.Sc Accounting

Programme Duration : 4 years


The Accounting Programme of the Department of Accounting and Finance of Elizade University is an Institute of Charttered Accountant of Nigeria (ICAN) and ACCA accredited department /programme and an Institutional Member of The Nigerian Accounting Association (NAA). A unique department that has a programme that takes care of current happenings and events in the field of accountancy profession globally. Apart from the cream of qualified lecturers in the Department, our teaching facilities such as projectors, electronic marker board and I-Learn facilities which enable the students to access and playback lectures after classes simplify the challenges that other contemporary universities are battling with. Our accounting and Finance laboratory stocked with accounting tools used in real business environment including computers and modern accounting and other statistical softwares provides students with real world technical skills of accounting. Our students are prepared to write both academic and professional examinations. Students are trained to have better knowledge and understanding of Contemporary Issues in Accounting including Forensic Accounting, International Accounting, Financial Entrepreneurship and Corporate Governance, Accounting Ethics and Value, Oil and Gas Accounting etc. Students interested in taking the ACCA examinations while undergoing their undergraduate programmes have the opportunity to do so as ACCA tuition is provided on campus with the help of TNSS Associate, an accredited ACCA tuition provider. Finally, the department offers to students, accountancy training that enables them think and act strategically and professionally for careers with accounting firms, commercial and industrial businesses, government agencies, non-profit making institutions and other organisations both locally and internationally.


Objectives
The specific objectives of the degree programme are to: (i) build students with in-depth knowledge of the concepts, theories and principles of general practice of accounting internationally with a local relevance viewpoint; (ii) teach students the application of the techniques of accounting and financial management to the solution of management problems and thereby equip them to make worthwhile contributions to the accomplishment of the objectives of entities and in productivity and social welfare; (iii) produce graduates who will use the accounting and financial management knowledge and skills to accelerate the industrial growth of the nation; (iv) produce graduates with sound academic and professional skills that can compete favorably with other accounting graduates in any other parts of the world; and (v) contribute to the body of knowledge in accounting profession through research.


Philosophy
The four/three year Bachelor of Science degree programme in Accounting seeks to produce highly skilled accounting personnel, well grounded in accounting, business and technology, as well as equipped with sufficient inter-personal skills, self confidence, innovatiion and self reliance in the field of Accounting to enable them operate effectively in the global market place. Graduates of this programme should be able to design accounting systems to suit changing accounting requirements e.g. International Financial Reporting Standards (IFRS) and IPSAS of organizations and be professionally qualified to practice the profession.


Admission Requirements
A. Admission Requirements for the Four-Year Programme Candidates for admission into the four-year degree programme in Accounting should: (i) Possess the Senior Secondary School Certificate, General Certificate of Education, by WAEC, NECO, NABTEB or their equivalents with at least five credit passes, at not more than two sittings including Mathematics, English Language and Economics. There are no waivers for credit passes in any of these subjects. (ii) In addition, candidates must have acceptable passes in UTME. The UTME subjects must be in the following: English, Mathematics, Economics; Plus any other Social Science subject. B. Admission Requirements for the Three-Year Programme (Direct Entry) Candidates for Direct Entry admission shall possess five Credits, in GCE, SSCE by WAEC, NECO, NABTEB, or their equivalents, of which at least two shall be at Advanced Level, provided that such passes are not counted at both levels of the examination. For emphasis, credit passes in English Language, Mathematics and Economics are required. OR Candidates must possess five Credits which must include English Language, Mathematics and Economics in GCE, SSCE by WAEC, NECO, NABTEB, or their equivalents; at most two sittings, and Ordinary National Diploma (O.N.D) at least with upper credit in Accounting, and other related disciplines from approved Nigerian Polytechnics. OR Candidates with final certificate of professional bodies such as Associate Chartered Accountant (ACA), ACCA, ANAN etc in addition to five credits passes which must include English Language, Mathematics, Economics, not more than two sittings.


Course Outline

100 Level - First Semester

SN Course Code Title Unit Level Semester
1 ACF 103 Introduction to Computers 2 100 First Learn More
2 ACF 105 Elements of Government 2 100 First Learn More
3 ACF 101 Introduction to Accounting and Financial Reporting I 3 100 First Learn More

100 Level - Second Semester

SN Course Code Title Unit Level Semester
1 ACF 102 Introduction to Accounting and Financial Reporting II 3 100 Second Learn More

200 Level - First Semester

SN Course Code Title Unit Level Semester
1 ACF 205 Corporate Finance 3 200 First Learn More
2 ACF 207 Accounting Laboratory and Accounting Application Software 2 200 First Learn More
3 ACF 203 Cost Accounting 3 200 First Learn More
4 ACF 201 Financial Accounting and Reporting 1 2 200 First Learn More

200 Level - Second Semester

SN Course Code Title Unit Level Semester
1 ACF 206 Principles of Financial Management 3 200 Second Learn More
2 ACF 204 Corporate Governance and Accounting Ethics 2 200 Second Learn More
3 ACF 202 Financial Accounting and Reporting II 3 200 Second Learn More
4 ACF 208 Advanced Cost Accounting 2 200 Second Learn More

300 Level - First Semester

SN Course Code Title Unit Level Semester
1 ACF 309 Decision Analysis for Accounting 3 300 First Learn More
2 ACF 307 Corporate (Management) Information System 3 300 First Learn More
3 ACF 301 Intermediate Financial Accounting and Reporting I 3 300 First Learn More
4 ACF 399 Accounting SIWES 3 300 First Learn More
5 ACF 303 Public Sector Accounting and Finance I 3 300 First Learn More
6 ACF 305 Auditing, Assurance and Investigation I 3 300 First Learn More

300 Level - Second Semester

SN Course Code Title Unit Level Semester
1 ACF 308 Research Methods 3 300 Second Learn More
2 ACF 302 Intermediate Financial Accounting and Reporting II 3 300 Second Learn More
3 ACF 310 Taxation 3 300 Second Learn More
4 ACF 306 Management Accounting 2 300 Second Learn More
5 ACF 312 Forensic Accounting and Fraud Examination 2 300 Second Learn More
6 ACF 304 Public Sector Accounting and Finance II 3 300 Second Learn More

400 Level - First Semester

SN Course Code Title Unit Level Semester
1 ACF 407 Advanced Financial Management 3 400 First Learn More
2 ACF 403 Advanced Management Accounting 3 400 First Learn More
3 ACF 411 OIL and Gas Accounting 2 400 First Learn More
4 ACF 409 International Accounting 3 400 First Learn More
5 ACF 401 Advanced Financial Accounting and Reporting I 3 400 First Learn More
6 ACF 405 Advanced Taxation and Tax Management 3 400 First Learn More

400 Level - Second Semester

SN Course Code Title Unit Level Semester
1 ACF 404 Advanced Financial Accounting and Reporting II 3 400 Second Learn More
2 ACF 406 Auditing, Assurance and Investigation II 3 400 Second Learn More
3 ACF 402 Research Project 6 400 Second Learn More
4 ACF 410 Executorships, Bankruptcy& Liquidation 2 400 Second Learn More
5 ACF 408 Accounting Theory 2 400 Second Learn More